With 2021 coming in a little over a month, you might be asking yourself “am I forgetting something?”
Yes, you probably are and it’s most likely your business permit renewals for next year.
And just in case you didn’t know, the deadline for renewing your business permits is on January 20 for each year. In addition, you should keep in mind that processing will only start on January 2.
We also don’t have to remind you that getting your permits renewed each year is required by law. If you forget to do so, you may end up paying late fees to your local government.
Business Permit Renewal with Taxumo Partner Accountants
There are tons of benefits when you renew your business. First, you get peace of mind that the local government isn’t coming for you. Second, you increase your brand’s trust with your customers. And last, you won’t have to worry about hefty fines and surcharges anymore.
But even if you are aware of the benefits, we understand that going outside and lining up at government offices isn’t the best choice during this period.
With the uncertainty of the Covid-19 pandemic, staying at home and limiting your movement is still recommended.
And that’s why we’re offering our business renewal services to a limited number of businesses until December 30, 2020.
For only ₱ 12,000, our Partner Accountants will process your barangay permit and mayor’s permit renewal for you!
Now, you can focus your entire month of January on growing your business. Leave all the walking, traveling, and talking to the partner accountants!
Who can join?
Business Permit Renewal is only available for Sole Proprietorships registered in Metro Manila, Tarlac, Laguna, and Cavite.
We only have 20 available slots per area so you should reserve yours as soon as possible!
Business Permit Renewal Requirements
For Barangay and Municipal Hall Renewal
- Letter of Intent to Renew your Business (3 originally signed copies)
- Authorization Letter (3 originally signed copies)
- Special Power of Attorney (3 originally signed copies)
For Barangay Permit Renewal
Original and photocopy of previous year’s barangay permit and official receipt
For Mayor’s Permit Renewal
- Previous year’s Mayor’s Permit/Business Permit and Official Receipt, original and photocopy
- Community Tax Certificate (CTC) / Cedula from the previous year
- DTI Certificate (if registered at DTI)
- Contract of Lease or Certificate of Occupancy to use Premises
- Previous year’s Sanitary Permit to Operate
- Comprehensive General Liability Policy Insurance (CGLP) / Local Insurance and official receipt from previous year
- Certification list of employees as of December 2020 signed by President or HRD (if applicable)
- Quarterly VAT Returns or Percentage Tax Returns for the previous year with BIR Confirmation
- Quarterly Income Tax Returns (1st, 2nd and 3rd Quarter)
- Certificate of Gross Sales for the previous year
- Previous stamped financial statements, audited or unaudited (if applicable)
Print your checklist: https://txmo.co/bizrenchecklist
How to Renew Your Business Permit with 0ur Partner Accountants
- Sign up through the Business Renewal Form.
- Wait for the confirmation email for your slot reservation from Taxumo and endorsement to the partner accountant.
- After endorsement, send all the requirements and payment to the partner accountant.
- Your partner accountant will start processing your business permit renewal on January 2, 2021. In addition, they will get in touch with you for the actual government fees you will need to settle with your LGU.
- After your business renewal permit is completed, the partner accountant will deliver all the documents to your address.
Frequently Asked Questions (FAQs)
This service does not include BIR Registration Renewal because it can be done online through a Taxumo subscription.
Yes, our partner accountants can also produce your financial statements for you.
What the partner accountant will have to do is have your business assessed. After which, they will get back to you with the computation of the fees presented by your Municipal hall.
Usually, it would cost around P500 but it will still depend on the barangay’s computation.
The processing fee is P12,000 (includes multiple trips) and is not inclusive of your actual renewal fees.
Yes, Taxumo subscribers will only have to pay ₱10,000 for this service.
You will pay your fees directly to the partner accountant assigned to you.
The business renewal process will start on January 2, 2020. Please give the partner accountants 1 to 2 weeks to complete your business renewal. They will get in touch with you once your business renewal documents are ready.
Hello,
Don’t we have a tax exemption because of covid lockdown 2020?
What do we need to do to avail tax exemptionfor the renewal of Business permit?
Thank you